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CoinGlass data reveals a significant surge in Cardano (ADA) Open Interest (OI) in the last 24 hours. The OI surge coincides with broader crypto market factors like price increases and rekindled interest from market whales.

In a wide-ranging two-hour livestream on December 26, Cardano founder Charles Hoskinson addressed ongoing discussions around partnering with Ripple, advancing a Chainlink integration, and bridging Bitcoin into the Cardano ecosystem. Speaking from Gillette, Wyoming, Hoskinson provided new details and timelines for these initiatives, emphasizing security requirements and technical collaboration across multiple blockchains.

ADA might be in an accumulation phase, with MVRV ratios historically rebounding from current levels, presenting opportunities for long-term investors despite bearish signals from a 22-month high NVT ratio.

Solana (SOL) has generated a lot of buzz due to its efficiency alongside effective development for quite some time now. Meanwhile, Cardano (ADA) and Sui (SUI) also have solid records of achievements. However, a new player in the market, Rexas Finance (RXS), is making its mark as a disruptor in the blockchain industry.

As the cryptocurrency market recovers, smart investors are eyeing a $0.150 Cardano (ADA) challenger that might win the upcoming altcoin season. This new competitor is inexpensive and uses cutting-edge blockchain technology for scalability, energy efficiency, and smart contract capabilities.

The Cardano price was on the investors' radar today, with a gain of over 3% after a recent volatile trading. The surge in ADA comes amid a recovery noted in the broader crypto market after volatile trading recently.

Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is grappling with intense selling pressure as the broader cryptocurrency market faces a downturn. Today, December 27, 2024, major digital assets, including Bitcoin (BTC), Ethereum (ETH), and XRP, have also seen price declines, contributing to an overall bearish sentiment.

Cardano (ADA) has delivered a standout performance in 2024, solidifying its position as one of the most technically sophisticated and developer-friendly blockchain ecosystems. Central to its growth has been the dramatic expansion of its Plutus-based smart contract ecosystem, a critical infrastructure that has evolved significantly since its introduction.

Cardano (ADA) has seen a steady price decline since early December, reaching a monthly low of $0.86. This downturn has left ADA investors anticipating a bleak start to the new year.

The Cardano (ADA) price was under pressure on Boxing Day, declining over 6%, with technical analysis suggestive that further downside could be in store in the days ahead. The post Cardano Price Could Dump 57%, But 2025 Could Be a Massive Year – Here's How High ADA Might Go appeared first on Cryptonews.

A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it.

Cardano (ADA) price remains one of the top 10 cryptocurrencies by market cap, despite being down over 9% in the past seven days. Recent data suggests that ADA's downtrend is losing momentum, with its ADX dropping sharply, indicating a weakening bearish trend.

ADA, the native token of the Cardano blockchain, appears to be struggling to maintain its crucial support level amidst market uncertainty. Today, December 27, 2024, the overall cryptocurrency market sentiment appears to be experiencing a price decline, encompassing major assets such as Bitcoin (BTC), Ethereum (ETH), and XRP.

Cardano (ADA) has experienced some notable price fluctuations in recent months, with a significant rise in November fueling optimism for a new all-time high (ATH) in 2025. While there has been some recent bearish action that has raised concerns among investors, the broader market sentiment for ADA remains largely bullish.

Cardano (ADA) price stunned many in the market after soaring from a low of $0.2799 to a high of $1.32. Analysts have always considered Cardano an undervalued digital currency amid its many developer-centric activities.

Cardano (ADA) is bearish but remains between the moving average lines. Cryptocurrency price analysis brought by Coinidol.com.

Cardano is one of those crypto assets that has closely followed Bitcoin in terms of price action and is currently experiencing a pullback similar to BTC.

Cardano (ADA) has shown significant progress in its decentralized finance (DeFi) and stablecoin sectors despite facing challenges in the third quarter of 2024.

Cardano price started a downside correction below the $1.00 zone. ADA is consolidating and facing hurdles near the $0.920 and $0.950 levels.

The Cardano price action has continued to stall below the $1 mark in light of corrections in the past seven days. This correction, which played out across the entire crypto industry, saw Cardano break below the $1 mark again on December 18%.

Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.

Cardano is the third-generation chain, which was built to overcome the shortcomings of the primitive chains. Having such a wide use case, the ADA price was believed to closely follow Bitcoin or at least Ethereum.

Cardano (ADA) has struggled to regain bullish momentum after a sharp decline, keeping its price below the critical $1 level.

A widely followed crypto analyst is identifying the downside price target for smart contract platform Cardano (ADA) if it undergoes another correction. In a new video update, crypto strategist Benjamin Cowen tells his 849,000 YouTube subscribers that if the Federal Reserve doesn't bring back quantitative easing (QE), then ADA could continue to slip.